Search Results for: UK law
Justice Department asks judge to revisit NY iPhone case
March 8th, 2016
The U.S. Justice Department on Monday sought to overturn a ruling which protects Apple from unlocking an iPhone in a New York drug case. A magistrate judge in Brooklyn last week ruled that the Justice Department could not compel ...
EU Auditors Call For Renewed Efforts On VAT Fraud
March 7th, 2016
The current European Union system for fighting cross-border value-added tax fraud is not effective enough, according to a new report by the European Court of Auditors. The auditors said that while the EU has a range of tools at ...
Apple v FBI: US debates a world without privacy
March 3rd, 2016
Is there such a thing as security so good it’s a danger to society? That’s the bigger picture at hand as Apple continues to fight an order to unlock a terrorist’s iPhone. That fight made its way to Capitol ...
HMRC: Government names new bosses at tax authority
February 25th, 2016
The government has appointed new bosses at the UK tax authority HM Revenue and Customs (HMRC). Jon Thompson has been appointed chief executive; he is currently Permanent Secretary at the Ministry of Defence. Edward Troup, who has been responsible ...
Potential merger of equals between Deutsche Börse AG (“Deutsche Börse”) and London Stock Exchange Group plc (“LSE”)
February 25th, 2016
Deutsche Börse: Further to recent speculation, the Management Board of Deutsche Börse and the Board of LSE confirm that they are in detailed discussions about a potential merger of equals of the two businesses (the “Potential Merger”). The Potential Merger ...
VimpelCom will pay to resolve probes in the second largest global anti-corruption settlement in history
February 19th, 2016
Amsterdam-based telecommunications operator VimpelCom Ltd on Thursday said it would pay $795 million (£555 million) to resolve U.S. and Dutch probes into a bribery scheme in Uzbekistan, in the second largest global anti-corruption settlement in history. The settlement was ...
Suspended jail sentence for London solicitor over VAT fraud
February 18th, 2016
A London solicitor has been given a suspended jail sentence for a £96,000 VAT fraud which was uncovered by an HMRC taskforce set up to identify those attempting to avoid paying tax on property investment income Caroline Joseph, from ...
Brexit: The impact on commercial relationships and contracts; 6 things you need to know
February 18th, 2016
The debate about a Brexit has focused largely on the political arguments advanced by the “in” and “out” campaigns, but a departure from the EU will obviously also have a significant impact on commercial relationships and contracts. A referendum ...
New tax scandal as Ikea ‘avoids paying £775 Million in taxes using onshore havens’
February 15th, 2016
FURNITURE giant Ikea has been accused of underpaying a staggering €1 billion (£773 million) in taxes between 2009 and 2014. The Swedish firm is under scrutiny for using “onshore European tax havens”, according to a members of the European ...
A Dysfunctional EU: What Future?
February 12th, 2016
Many believe that the European Union is, and can only ever be, a force for good and that the 500-plus million citizens of its 28 Member States should be eternally grateful for all the myriad of benefits that they ...
